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Mar 2, 2013
03/13
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KQED
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the fiscal cliff, we didn't go over the fiscal cliff. they cut a deal, january 1. they cut a deal on the fiscal cliff. >> to raise taxes. >> to raise taxes so republicans, seven weeks ago, or whenever it was, had to raise taxes. i believe the white house miscalculated or underestimated or whatever you want to call it, the republicans, in saying, ok, they're going to now close these loopholes which is effectively raising taxes again after they just did that seven weeks ago. i also believe that republicans could be in the process of underestimating how this could affect their standing with the public. right now they've got a 29% favorability rating. the president sits, 49%. he's gambling the public will be with him because after all he got re-elected partially on the issue of fairness. >> and he's reading the polls. >> and he's reading the polls and the republicans are saying, you know what, we're on the right side because the public believes the government should be smaller and more efficient. the problem that the republicans have is that this particular slice of th
the fiscal cliff, we didn't go over the fiscal cliff. they cut a deal, january 1. they cut a deal on the fiscal cliff. >> to raise taxes. >> to raise taxes so republicans, seven weeks ago, or whenever it was, had to raise taxes. i believe the white house miscalculated or underestimated or whatever you want to call it, the republicans, in saying, ok, they're going to now close these loopholes which is effectively raising taxes again after they just did that seven weeks ago. i also...
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Jan 3, 2013
01/13
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WUSA
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avoided the fiscal cliff by cutting taxes setting up moran's two-three punch. >> we delayed a few things but we haven't avoided much. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on their jobs, people who will not be hired into new jobs. >> we're on a new reality, a new economic reality in the national capital region. >> reporter: frank principi knows that if the sequestration cuts kick in in two months... >> programs to head start to emergency preparedness are going to be cut 8% and it's the local governments that's going to have to deal with either replacing that 8% cut or terminating the programs that funding supports. >> reporter: as the federal government spends less... >> we think we're going to need to
avoided the fiscal cliff by cutting taxes setting up moran's two-three punch. >> we delayed a few things but we haven't avoided much. >> reporter: jim runs the greater washington board of trade. he says the uncertainty ahead has the business on hold. >> we're still going to have a hold on hiring. we're still going to have a hold on new investments. everyone is going to be waiting. >> reporter: even as business knows. >> there will be people who are furloughed on...
WHUT (Howard University Television)
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Oct 20, 2013
10/13
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WHUT
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in 2012 the stalemate was over the so-called fiscal cliff. the double whammy of the bush tax cuts and the schedule start of the sequestration cuts that would derail the economy. at the last minute mrs. obama and boehner cut a deal to avert that calamity. this year's 2013 budget ceiling standoff is now scheduled to go into 2014 reveals a new path in america's policy. the fundamental functions of the government, it means that the white house and congress, they failed to negotiate until the crisis looms. and then only acts at the last minute. question, is this the new normal on the american politics? timothy? >> the reason that it is the new normal isn't just that the parties are that separated. these giant groups that can go out and fund. so the party leaders, they don't have the control that they used to have. rank and file senators and congress really had to listen to what the speaker or the majority leader would tell them to do because that is the only one for them to raise money. but now if you are a member in either groups, you can go to t
in 2012 the stalemate was over the so-called fiscal cliff. the double whammy of the bush tax cuts and the schedule start of the sequestration cuts that would derail the economy. at the last minute mrs. obama and boehner cut a deal to avert that calamity. this year's 2013 budget ceiling standoff is now scheduled to go into 2014 reveals a new path in america's policy. the fundamental functions of the government, it means that the white house and congress, they failed to negotiate until the crisis...
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Jan 2, 2013
01/13
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CNNW
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cliff tonight. >> yes. what we are also going to do is with an equal commitment and drive and even more so, redoubling our efforts to work on other spending cuts. we have got to get back to that. >> representative, appreciate you taking some time to talk to us. we will follow up with you later in the night. let's go back to our contributor, john avlon. john, the question is, is that sentiment you just heard from tim murphy of pennsylvania going to prevail tonight, the idea that this debate over spending and entitlements is definitely not over, there are specific instances in which it's not going to be over. one is the debt ceiling. two is the sequester that's been pushed off for two more months. three is a budget. no one's -- this is not the last chance anyone's got to discuss spending cuts. we are a little disappointed in the fact that they didn't get this deal. they had 517 days to come to a deal on this. >> that's right. we knew a grand bargain was dead last week and so should any member of congress who
cliff tonight. >> yes. what we are also going to do is with an equal commitment and drive and even more so, redoubling our efforts to work on other spending cuts. we have got to get back to that. >> representative, appreciate you taking some time to talk to us. we will follow up with you later in the night. let's go back to our contributor, john avlon. john, the question is, is that sentiment you just heard from tim murphy of pennsylvania going to prevail tonight, the idea that this...
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Oct 1, 2013
10/13
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MSNBC
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we are trying achieve a deficit reduction package like we did in 2011 or in the fiscal cliff, the fight from this past year. we were trying to pass middle class tax cuts and make those permanent. all we are asking is that congress pass a six-week funding bill to keep the government open. so, we're not really sure what there is to negotiate around. and so, that is -- i don't expect our strategy's not going to change, our message is not going to change. it's clear what congress these to do. you see more and more republicans on the house side coming out, admitting that there is support, enough support in the house that they could pass a clean funding bill, if they would put that on the floor, and so, that's what we'll continue to push for them to do. and in the meanwhile, we're getting ready tomorrow health care tomorrow, too. >> right. in the meantime, there is also a massive national health reform bill that's going to be implemented tomorrow. >> yes. >> it seems like what we are all watching is the house republican caucus. they are the ones who have to make the decision about what to do
we are trying achieve a deficit reduction package like we did in 2011 or in the fiscal cliff, the fight from this past year. we were trying to pass middle class tax cuts and make those permanent. all we are asking is that congress pass a six-week funding bill to keep the government open. so, we're not really sure what there is to negotiate around. and so, that is -- i don't expect our strategy's not going to change, our message is not going to change. it's clear what congress these to do. you...
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Jan 20, 2013
01/13
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KRCB
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they tried to force the issue using the debt ceiling in 2011, using the fiscal cliff in january. i am as gung-ho as any of them to force obama into cutting spending. but it failed, and the reason is, you cannot govern from one house of the congress. that is the truth. i wrote a column this morning saying essentially, you have to recognize, you cannot use these things come up as in the end you will hav to ve. you will be humiliated and our ratings will be low, as you indicated, and you will not get the spending cuts anyway. certainly, i do not think the republican house will want to go over the cliff. >> the president of the united states has gone from dealing with the big problem that faces the whole country to try to destroy the republican party. this is exactly what the public does not want. we are turning into small, petty brinksmanship. let's see if we can crush the republican party. he has given up on the larger and more noble goal of doing something. >> i am not going to say who was right or wrong in the negotiations but the reason that this grand bargain has twice fallen t
they tried to force the issue using the debt ceiling in 2011, using the fiscal cliff in january. i am as gung-ho as any of them to force obama into cutting spending. but it failed, and the reason is, you cannot govern from one house of the congress. that is the truth. i wrote a column this morning saying essentially, you have to recognize, you cannot use these things come up as in the end you will hav to ve. you will be humiliated and our ratings will be low, as you indicated, and you will not...
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Jan 20, 2013
01/13
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WJLA
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eye 76
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they tried to force the issue using the debt ceiling in 2011, the fiscal cliff in january. i was as gung-ho as any of them to force obama into cutting spending. the government spendinis spendiding us into penury. but it faed because you cannot govern froone house of t congress. that is the truth. i wrote a column this morning ying essentially you have to recognize you cannot use these things because, in the end, you will be humiliated. ratings will be low, d you will not get the spending ts anyways. i think that adds some realism. certainly, i do not think the republic house is going to want to go over the cliff. >> let's think about what happened. the president has gone from dealing with the big problem that faces t whole country, to try to destroy the republican party. this is exactly what the public does not want. we are turning to small petty brinksmanship. let's see if we can crush the republican par. he has giv up on a larger and re noble goal. >> i am not going to say who iss right or wrong in the negotiations, they were very close. but the reason the grand bargain h
they tried to force the issue using the debt ceiling in 2011, the fiscal cliff in january. i was as gung-ho as any of them to force obama into cutting spending. the government spendinis spendiding us into penury. but it faed because you cannot govern froone house of t congress. that is the truth. i wrote a column this morning ying essentially you have to recognize you cannot use these things because, in the end, you will be humiliated. ratings will be low, d you will not get the spending ts...
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Jan 6, 2013
01/13
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FOXNEWSW
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we got a tiny tiny spending cut along with the fiscal cliff deal. where are the spending cuts? >> actually the cuts and revenue you we have taken so far are still far short in both categories from simpson bus. boles. >> but the spending cuts are way short. >> that is not the case. simpson bowles said at the starting point we would allow the upper income taxes to go back to clinton era levels. we have just barely gotten to the spending point. we are a little short. on top of that they raised over a trillion dollars in revenue combined with cuts. yes woo have to do more cuts and the president has been clear and put on the table $1.2 trillion in cuts proposal combined with $1.2 trillion in revenue. the only reason we weren't able to go forward with that is you had house republicans deciding not to follow speaker boehner in that balanced approach and frankly that is the danger going forward. the danger going forward is that house republicans will continue to refuse to take a balanced approach and that is going to dead lock the entire process. >> another danger going forward accordi
we got a tiny tiny spending cut along with the fiscal cliff deal. where are the spending cuts? >> actually the cuts and revenue you we have taken so far are still far short in both categories from simpson bus. boles. >> but the spending cuts are way short. >> that is not the case. simpson bowles said at the starting point we would allow the upper income taxes to go back to clinton era levels. we have just barely gotten to the spending point. we are a little short. on top of...
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Jan 6, 2013
01/13
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FOXNEWSW
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congress approved a deal to avert the fiscal cliff. will the media actul what it does. no spending cuts until later. the house of representative delays the vote to give more reloaf to victims of super storm sandy and causing a reaction almost as violent as the storm itself. >> last night politics was placed before the serving of our citizens it was disgusting to watch. >> did nbc's meet the press host take the anti-gun agenda too fall. the names and addresses of legal gun owners. there is a gun ban colume and advocating deadly violence against the nra and republican leaderships. war in afghanistan going on 70,000 u.s. troops is there . media interest is mia . get mr. global warming al gore sales a fail would cable channel to another country. >> judy miller and richard gadel and jim pinkerton and contributing editor of the american conservative mag wreen and justin duck am. i am john scott fox news watch is on now >> there is no substitute for the wisdom of the people. we are here as their servants. as speaker i help you carry out your oath of office that we are about to
congress approved a deal to avert the fiscal cliff. will the media actul what it does. no spending cuts until later. the house of representative delays the vote to give more reloaf to victims of super storm sandy and causing a reaction almost as violent as the storm itself. >> last night politics was placed before the serving of our citizens it was disgusting to watch. >> did nbc's meet the press host take the anti-gun agenda too fall. the names and addresses of legal gun owners....
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Jul 30, 2013
07/13
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CSPAN
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. >> is what i want to say. 82% of bush tax cuts were locked in by the fiscal cliff deal. >> i am talking about high and rates.- high end >> yes. this.not know if you are i would be interested in your response. i do not think we are near done on the revenue side. i have been stressing we have cut 2.8 million over 10 already. if you look at the policy part, 70% has been spending cut -- cuts.30% has been revenues. ism not sure if the optimal 50-50. certainly, 70 -- 30 sounds unbalanced. having locked in 80% of the bush tax cut is not mean we are done. thirdly, i am not sure -- the president in his budget that fourth -- has elaborated, 400 billion dollars in medicaid and medicare cuts and $200 billion in other cuts. you know, i think the analysis you describe sounds accurate to me. >> should he be out pushing the budget? i agree there is a lot of good stuff in the presence question. that's there's a lot of good stuff in the president's budget. should he be out pushing the budget? >> he has his offer on the table. >> this is the issue of the senate. they are looking for a counteroffer. i've y
. >> is what i want to say. 82% of bush tax cuts were locked in by the fiscal cliff deal. >> i am talking about high and rates.- high end >> yes. this.not know if you are i would be interested in your response. i do not think we are near done on the revenue side. i have been stressing we have cut 2.8 million over 10 already. if you look at the policy part, 70% has been spending cut -- cuts.30% has been revenues. ism not sure if the optimal 50-50. certainly, 70 -- 30 sounds...
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Jan 5, 2013
01/13
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MSNBCW
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senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i mean, confronting -- for example, everybody is now talking about okay, now comes the debt ceiling. i think that is frankly a dead loser, because in the end you know it is going to happen. the whole national financial system is going to come into washington by television and say oh my god, this will be a gigantic heart attack, the entire economy will collapse, you guys can't be responsible, and they will cave. >> so newt gingrich, time to wander off the republican reservation, at least occasionally. but he is on the same page as the editorial board, which wrote "the next challenge will be the debt deadline, arri
senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i...
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Jan 2, 2013
01/13
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WMAR
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so your tax rates are not going up under the fiscal cliff but your paychecks will be getting smaller, starting with your next check. that's because the 2-year-old's payroll fax rate is over. so here's how it will affect you f you're making $30,000 a year, you'll pay about $50 more a month in taxes. if you're earning $50,000, you'll contribute about $83 a month. >>> tonight house speaker john boehner is the focus of some bipartisan fury after he refused to act on hurricane sandy aid legislation. in october hurricane sandy devastated new york and new jersey. now the fight over recovery funding has erupted into anger on capitol hill. new jersey governor chris christie said house speaker john boehner is not returning his phone calls. >> 66 days and counting. shame on you. shame on congress. >> lawmakers expected a vote on the sandy aid bill late last night after the fiscal cliff deal passed but in a surprise move, boehner pulled the bill. boehner assures lawmakers a vote on sandy aid will happen by january 15th. >>> stress, you know, it's a normal part of our lives but how you hand tell c
so your tax rates are not going up under the fiscal cliff but your paychecks will be getting smaller, starting with your next check. that's because the 2-year-old's payroll fax rate is over. so here's how it will affect you f you're making $30,000 a year, you'll pay about $50 more a month in taxes. if you're earning $50,000, you'll contribute about $83 a month. >>> tonight house speaker john boehner is the focus of some bipartisan fury after he refused to act on hurricane sandy aid...
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gerri: can i tell you something that drives me of the fiscal cliff when i here all these details. foevery dollar in spending cuts we got in this deal we got $41 in taxes. 1-41, not 1-1, 1-2, 1-3. how is ths sanity? >> it's not. basically have 122 some odd page built the people have three minutes to red. we should not be doing our government last-minute like this. they put the gun to their own head. the bottom line i, they could have kicked it down. that the new congress deal with this, taken the time to do this appropriately. that promise you dealing with the congress, you're going to have a hard time getting anything done that will reduce the deficit. i would expect my fellow colleagues hee on the show, wait for the president to submit his entitlement reform program and see how many democratic votes in bipartisanship there is to that. gerri: speak to that? >> well, that is one of the smartest guys out there. politically he has a lot of good points among but here is what will happen. the president is going to have to reform entitlements, and you will. he will close loopholes. he w
gerri: can i tell you something that drives me of the fiscal cliff when i here all these details. foevery dollar in spending cuts we got in this deal we got $41 in taxes. 1-41, not 1-1, 1-2, 1-3. how is ths sanity? >> it's not. basically have 122 some odd page built the people have three minutes to red. we should not be doing our government last-minute like this. they put the gun to their own head. the bottom line i, they could have kicked it down. that the new congress deal with this,...
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Jan 17, 2013
01/13
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FBC
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cliff was a dollar and spending cuts for $4 for revenue. neil: try $40, yeah. >> excuse me, exactly. where's our representation? we can see -- neil: what happened to tea party? even in the 82 of them came to the new house in the takeover in 2010, elected john boehner speaker of the huse, and he returns the favor by pitting them almost into the witness protection program. where is their gusto, their zest? what happened? >> i think they are still building their numbers so to speak. there's been a lot of people in the house that have been, i think, quietly organizing to get a voice opposite john boehner. i'm not a huge boehner fan, but at the same time, i think if you're going to stage a mutiny, you need someone in the wings to challenge him public by. neil: who would that be? wondered that because it was not questioned in the election. there were few -- >> that's the question. neil: yeah, so, you know, i wonder how do they get their monetary -- mojo back. is it too late? they sent a warning, look, we accepted great bodily injuryingly -- grudg
cliff was a dollar and spending cuts for $4 for revenue. neil: try $40, yeah. >> excuse me, exactly. where's our representation? we can see -- neil: what happened to tea party? even in the 82 of them came to the new house in the takeover in 2010, elected john boehner speaker of the huse, and he returns the favor by pitting them almost into the witness protection program. where is their gusto, their zest? what happened? >> i think they are still building their numbers so to speak....
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two months by yesterday's fiscal cliff deal. >> the motion is president doed. >> reporter: wave number two is worse, another debt ceiling fight like the one last year that damaged the u.s. credit rating. president obama vows no repeat. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: but house rupp pushed back. >> if the president thinks he's not going to negotiate, he better thing again. he's president of the united states, not emperor of the planet. >> reporter: this could get scarier. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality, and that's a frightening prospect. >> reporter: and not a happy new year. congressional scholar norm orrin steen says it could look like a tribal war up here, and soon. live from the hill. >> stay with news4 for up-to-the minute information on fallout on efforts to avoid the fiscal cliff. we'll have more on how the agreement could impact families in our area, especially n
two months by yesterday's fiscal cliff deal. >> the motion is president doed. >> reporter: wave number two is worse, another debt ceiling fight like the one last year that damaged the u.s. credit rating. president obama vows no repeat. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: but house rupp pushed back. >> if the president thinks he's not going to negotiate, he...
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Jul 6, 2013
07/13
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KQED
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gwen: we spent a long time talking about the sequester and fiscal cliff and these terrible things that were going to appen and they didn't really happen. >> no, they didn't. and cosmetic. we'll stop our travel. as we looked under the hood of this, these agencies including the i.r.s. and others were spending a ton of money on things they probably should not have been spending money on. impersonators, entertainment-like things but real effects of the sequester that we have -- don't have to look all that hard to find. i remember talking about six weeks ago to a mother in indiana who had to enter a lottery for a head start education program. her child did not make the cut for that. so there are some real effects that have happened out across the country. they just aren't as massive as predicted. >> the people who are affected are feeling it. i talked to the housing authority in southern california where in order to avoid reducing the number of vouchers, they were raising the rent on people who make $10,000. but to the rest of the economy, it seemed -- shrugged it off. >> you asked gwen ear
gwen: we spent a long time talking about the sequester and fiscal cliff and these terrible things that were going to appen and they didn't really happen. >> no, they didn't. and cosmetic. we'll stop our travel. as we looked under the hood of this, these agencies including the i.r.s. and others were spending a ton of money on things they probably should not have been spending money on. impersonators, entertainment-like things but real effects of the sequester that we have -- don't have to...
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Jan 14, 2013
01/13
by
COM
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the fiscal cliff is the economic catastrophe that would occur with the simultaneous expiring of the bush tax cuts and deep across-the-board spending cuts that congress scheduled to kick in january 1 so congress couldn't negotiate a fiscal solution by january 1. confused? let me put it in terms of a 21st century analogy that can crystallize the point of it. pretend america is a successful railroad company. that has fallen on some hard fiscal times. there's an argument within the company about whether to make some changes to the dining car offering, maybe cut fares for less wealthy riders or on the other side of the argument where trains themselves are steel beasts that stalin invented to kill freedom and martha washington. this is clearly a large gap to bridge in negotiations they added what we call in the movie business the ticking clock in the form of a dam sell tied to the track. the damsell in this case representing our entire economy. yes, we tied a woman to the track. to force us to deal with the train. so the stage was set for serious people to arrive at a serious solution. serious
the fiscal cliff is the economic catastrophe that would occur with the simultaneous expiring of the bush tax cuts and deep across-the-board spending cuts that congress scheduled to kick in january 1 so congress couldn't negotiate a fiscal solution by january 1. confused? let me put it in terms of a 21st century analogy that can crystallize the point of it. pretend america is a successful railroad company. that has fallen on some hard fiscal times. there's an argument within the company about...
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Jan 2, 2013
01/13
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MSNBCW
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all day yesterday the question was could they find a way to cut spending in the fiscal cliff drama? we are hours away from that and now this. will the emotional appeals and the real world consequences be loud and forceful enough to get them to consider before noon tomorrow. if he doesn't, a new congress has to act and they start all over again. when they are motivated they can move quickly, but it would be a delay if they don't do it before noon tomorrow. >> thanks, kelly. this is the one who crafted the bill. first up with a welcome to you, sir. i know you and your colleagues and the delegations will meet about an hour or so again. what are you going to say to him? >> i don't think the new jersey democrats are invited. this is a new jersey moment though. time to take off the gloves. i believe boehner is speaking sincerely when he said we will get this done as soon as possible in the next congress. we get sworn in tomorrow, but we need the help right now. that was a commitment. he could not deliver. i can't deal with the schizophrenia within the leadership of the within party. we sh
all day yesterday the question was could they find a way to cut spending in the fiscal cliff drama? we are hours away from that and now this. will the emotional appeals and the real world consequences be loud and forceful enough to get them to consider before noon tomorrow. if he doesn't, a new congress has to act and they start all over again. when they are motivated they can move quickly, but it would be a delay if they don't do it before noon tomorrow. >> thanks, kelly. this is the one...
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Jan 1, 2013
01/13
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FOXNEWSW
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the fiscal cliff legislation. when it made its way across the capitol to the republican controlled house, g.o.p. lawmakers immediately expressed concern about the lack of spending cuts. with the house majority leader publicly and bluntly stating he does not support the bill and the republicans are still at this time, as you look live behind the doors meeting at this hour, they are planning a vote series at some time. but we don't know when. it may include amending the senate bill and sending it back to the senate. meantime, house democrats are demanding a straight up-or-down vote on what came over from the senate. the late-breaking developments leaving the automatic spending cuts and tax increases tied to the fiscal cliff still in play right now. in a desperate race against a different clock, we have another free-flowing, fluid situation tonight. likely a lot of breaking news from capitol hill. we begin with fox team coverage. chief washington correspondent ed henry looks at the president's next move. chief congre
the fiscal cliff legislation. when it made its way across the capitol to the republican controlled house, g.o.p. lawmakers immediately expressed concern about the lack of spending cuts. with the house majority leader publicly and bluntly stating he does not support the bill and the republicans are still at this time, as you look live behind the doors meeting at this hour, they are planning a vote series at some time. but we don't know when. it may include amending the senate bill and sending it...
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Jan 3, 2013
01/13
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WJLA
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new this morning, president signed a bill into law to d the fiscal cliff. the new law reserves tax cuts individuals earning less than $400,000 and extend unemployment benefits. the president signed the bill with a stool that mimics his signature, from hawaii. and he signed a six under $33 billion defense bill for next that tighten penalties on iran and posters security and diplomatic missions worldwide, .the benghazi attacke >> d.c. police want to know how of a man and ended up shaft. it appears the man, said to be his 20s, fell off a roof and into a shaft. incident happened close to clarksburg man on your seat john. gonzales is headed to the scene bring up states starting in about an hour. a virginia man who's been on for murder is scheduled to be released later today. that could change if a appeals court decides to get involved. >> every day her son has been in a difficult one. >> this is something we have been hoping for, a longtime. >> after 11 and a half years, this day is different from all the rest. >> grateful that it's finally may be over. >> the j
new this morning, president signed a bill into law to d the fiscal cliff. the new law reserves tax cuts individuals earning less than $400,000 and extend unemployment benefits. the president signed the bill with a stool that mimics his signature, from hawaii. and he signed a six under $33 billion defense bill for next that tighten penalties on iran and posters security and diplomatic missions worldwide, .the benghazi attacke >> d.c. police want to know how of a man and ended up shaft. it...
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92
Jan 3, 2013
01/13
by
CURRENT
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eye 92
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adam smith who voted against the fiscal cliff agreement yesterday. congressman, thanks for joining us. first explain why you voted against it. explain why you voted no. >> your opening statement explained one big reason, it doesn't do anything. we're two months, sequestration looms over all discretionary spending. i'm on the armed services committee, so i pay particular attention to the defense, but i the programs that will go the next two months without any idea of how much money they're going to have. it didn't do anything on that, and then worse it locked in place, made permanent 90% of the bush tax cuts. are the house republicans seriously going to put revenue on the table as we deal with the fiscal cliff and the debt ceiling? the size of the cuts to critical programs to deal with the deficit now that we locked in 90% of the bush tax cuts is way beyond what i can accept. >> eliot: you're exactly right. it's an argument that it's mystifying to me that more democrats didn't stand up and say this isn't efficient. we only get the revenue over the ten
adam smith who voted against the fiscal cliff agreement yesterday. congressman, thanks for joining us. first explain why you voted against it. explain why you voted no. >> your opening statement explained one big reason, it doesn't do anything. we're two months, sequestration looms over all discretionary spending. i'm on the armed services committee, so i pay particular attention to the defense, but i the programs that will go the next two months without any idea of how much money they're...
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Mar 9, 2013
03/13
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you know, this fiscal cliff ended up with this tax increase and the spending cuts that were supposed to be so terrible, there would be the incentive not to do them. but i do hear especially from republicans, they don't want a government closure. that did not work out well for them in the mid 1990's. so there is a pull-back. but there are a lot of hurdles to make any significant changes beyond this. gwen: i'm curious though about this revenue issue because in some ways, one of the things that john boehner, the house speaker came out and said that it's off the table that there would be anymore revenue. from the short run he's right. >> it certainly looks that way. but what's intriguing that the administration's response is let's not try to move around the immovable object of speaker baner or the senate minority leader mitch mcconnell who is dead set against that. that's why you set the outreach to paul ryan, the chairman of the budget committee perhaps in hopes of maybe doing an in-run around the leadership. gwen: does what happen in washington matter when it comes to wall street or wh
you know, this fiscal cliff ended up with this tax increase and the spending cuts that were supposed to be so terrible, there would be the incentive not to do them. but i do hear especially from republicans, they don't want a government closure. that did not work out well for them in the mid 1990's. so there is a pull-back. but there are a lot of hurdles to make any significant changes beyond this. gwen: i'm curious though about this revenue issue because in some ways, one of the things that...
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Jan 3, 2013
01/13
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the talk has been about fiscal cliff, tax rates and cuts about sequestration. stuffed in there are dozens of these tax provisions some that expired a year ago and that they retroactively reinstated. we're looking at $70 billion or more of these expenditures in 2013. >> you know sometimes something that would steam frivolous or like people call it pork or earmarks actually does benefit and stimulate the economy. isn't there something in at least that short list that i gave you that you can see as a benefit? >> certainly it is benefiting somebody but the question really is, is this the best use of the taxpayers' money. these haven't been thoroughly vetted. once i want gets in the system they remain there. i would argue that, yes, having the u.s. virgin islands bank roll a distillery important the world's largest liquor conglomerate so they can move their operations from puerto rico to virgin islands there's some economic benefit but clearly not something a federal taxpayer should be bank rolling. >> when it is pork and when is it something that can actually get v
the talk has been about fiscal cliff, tax rates and cuts about sequestration. stuffed in there are dozens of these tax provisions some that expired a year ago and that they retroactively reinstated. we're looking at $70 billion or more of these expenditures in 2013. >> you know sometimes something that would steam frivolous or like people call it pork or earmarks actually does benefit and stimulate the economy. isn't there something in at least that short list that i gave you that you can...
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Jan 5, 2013
01/13
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senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i mean, confronting -- for example, everybody is now talking about okay, now comes the debt ceiling. i think that is frankly a dead loser, because in the end you know it is going to happen. the whole national financial system is going to come into washington by television and say oh my god, this will be a gigantic heart attack, the entire economy will collapse, you guys can't be responsible, and they will cave. >> so newt gingrich, time to wander off the republican reservation, at least occasionally. but he is on the same page as the editorial board, which wrote "the next challenge will be the debt deadline, arri
senate minority leader mitch mcconnell announced the same, saying "the fiscal cliff deal was the last word on taxes. now the conversation turns to cutting spending on the government programs that are the real source of the nation's fiscal imbalance." and the upcoming debate on the debt limit is the perfect time to have that discuss. perfect, the problem is not even republicans believe that is going to work anymore. >> they have got to find in the house a totally new strategy. i...
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Jan 3, 2013
01/13
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because we've got three more fiscal cliffs. >> reporter: deep automatic spending cuts, or a new combination of taxes and cuts that could result in a fiscal diet both parties say is needed, but not for their projects. think about it. the federal government now boroughs about 40-cents of every dollar it spends. that's led to a maximum $16.4 trillion debt. if the debt ceiling is not raised, the nation could default on its spending. >> if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. >> the president has maxed out his credit card, and he's not going to get an unlimited credit card. >> reporter: the next few months will be a real test for congress, and for new nebs who think they can break the impasse between parties. rita williams, ktvu, channel 2 news. >>> relief over the fiscal cliff deal may be short lived as americans realize their payroll taxes are going up. the deal in congress reinstates the 2% cut in the social security payroll tax that was waived two years ago, to stimu
because we've got three more fiscal cliffs. >> reporter: deep automatic spending cuts, or a new combination of taxes and cuts that could result in a fiscal diet both parties say is needed, but not for their projects. think about it. the federal government now boroughs about 40-cents of every dollar it spends. that's led to a maximum $16.4 trillion debt. if the debt ceiling is not raised, the nation could default on its spending. >> if congress refuses to give the united states...
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Jan 4, 2013
01/13
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number one was fiscal cliff and dealing with the debt limit issues. caller: i didn't see where it said debt limit. it aint just debt limit it's our deficit. i don't understand why spending cuts was put off two months. this country is going to go under if we don't make some serious spending cuts. i know they're in there where they can be made to where they can't hurt nobody. host: how would do you that? caller: well, i know they're in there. there's all kinds of stupid crap that congress -- i don't think if congress but somebody is paying for that they can get rid of. just like the nuclear thing, do we really need three of them. host: thanks for the call. let me go back, cbs news didn't list of the fiscal cliff and raising the debt limit as the number one agenda item for the new congress listing five. you can go to cbs news.com to read them. we have reached the current debt limit of $16.4 trillion. this will set the stage for another battle over spending issues. this is what it looks like at u.s .debtclock.org. congress needs to deal with some of the l
number one was fiscal cliff and dealing with the debt limit issues. caller: i didn't see where it said debt limit. it aint just debt limit it's our deficit. i don't understand why spending cuts was put off two months. this country is going to go under if we don't make some serious spending cuts. i know they're in there where they can be made to where they can't hurt nobody. host: how would do you that? caller: well, i know they're in there. there's all kinds of stupid crap that congress -- i...
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Jan 3, 2013
01/13
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because we've got three more fiscal cliffs. >> reporter: deep automatic spending cuts, or a new combination of taxes and cuts that could result in a fiscal diet both parties say is needed, but not for their projects. think about it. the federal government now boroughs about 40-cents of every dollar it spends. that's led to a maximum $16.4 trillion debt. if the debt ceiling is not raised, the nation could default on its spending. >> if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. >> the president has maxed out his credit card, and he's not going to get an unlimited credit card. >> reporter: the next few months will be a real test for congress, and for new nebs who think they can break the impasse between parties. rita williams, ktvu, channel 2 news. >>> relief over the fiscal cliff deal may be short lived as americans realize their payroll taxes are going up. the deal in congress reinstates the 2% cut in the social security payroll tax that was waived two years ago, to stimu
because we've got three more fiscal cliffs. >> reporter: deep automatic spending cuts, or a new combination of taxes and cuts that could result in a fiscal diet both parties say is needed, but not for their projects. think about it. the federal government now boroughs about 40-cents of every dollar it spends. that's led to a maximum $16.4 trillion debt. if the debt ceiling is not raised, the nation could default on its spending. >> if congress refuses to give the united states...
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Jan 5, 2013
01/13
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congress approves a compromise deal to avert the fiscal cliff for now. did the media tell what you it does? taxes raised on most wage earners right now, but no spending cuts till later. the house of representatives delayed the vote to give more relief to victims of superstorm sandy causing a reaction almost as violent as the storm itself. >> last night politics was placed before oath to serve our citizens. for me, it was disappointing and disgusting to watch. >> jon: did nbc's meet the press host take his anti-gun agenda a step too far? a liberal newspaper in new york reveals the names and addresses of legal gun owners. the des moines register publishes a gun ban column advocating deadly violence against the n.r.a. and republican leaders. the war in afghanistan is still going on, nearly 70,000 u.s. troops still there, but media interest is mia. and get this, mr. global warming, al gore, sells his failed cable channel to a network owned by a big oil producing country. on the panel this week writer and fox news distributor judy miller. richard grinle serve
congress approves a compromise deal to avert the fiscal cliff for now. did the media tell what you it does? taxes raised on most wage earners right now, but no spending cuts till later. the house of representatives delayed the vote to give more relief to victims of superstorm sandy causing a reaction almost as violent as the storm itself. >> last night politics was placed before oath to serve our citizens. for me, it was disappointing and disgusting to watch. >> jon: did nbc's meet...
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Jan 3, 2013
01/13
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the republicans wanted spending cuts to be part of fiscal cliff and debt ceiling and sequestration. he said no. it's a smart tactical move. we'll see if he's able to keep them at bay. >> i want to remind people that president obama when he was senator obama voted against raising the debt limit as well. opposition parties use the limited leverage they have and barack obama recognized that in the past and now that he's on the other side of the negotiating table he thinks that should be taken off the table. the thing is this is connected to the sequester deal as well. president obama needs goodwill from republicans if he's going get movement on the sequester as well. these things are not going to be that easily separated. >> but the key is that it's incumbent upon the president to move a grand bargain forward to follow through on his rhetoric on entitlement reform. he has to be aggressive and work with them and offer real entitlement reform. >> practically delinking them doesn't make any sense opinion they are coming due at the same time and they are the same issue. >> that's right. he
the republicans wanted spending cuts to be part of fiscal cliff and debt ceiling and sequestration. he said no. it's a smart tactical move. we'll see if he's able to keep them at bay. >> i want to remind people that president obama when he was senator obama voted against raising the debt limit as well. opposition parties use the limited leverage they have and barack obama recognized that in the past and now that he's on the other side of the negotiating table he thinks that should be...
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cliff. >> among the items not included, a payroll tax cut. the average family in fairfax county brings home about $120,000 a year, on average those folks will see their taxes jump by about $1700. families making between $75,000 and $100,000 can expect to lose about 1200 a years. conley says that wasn't meant to last anyway. >> the payroll tax was a holiday. no one envisioned it that way. it was a temporary measure to inject some stimulus into the economy. >> but the bigger sure for those who congressmen is the issue of sequestration. that is across the board cuts, really in the federal government. that's a big deal when it comes to northern virginia and the economy there. coming up at 6:00, we'll have the two congressmen and their reaction and what's really become a delay in dealing with that issue. i'm david culver, news4. >>> coming up on "news4 at 5," it's being called unlawful and unfair. ncaa sanctions punished penn state. >> now it's stirring up a new court battle. >>> coming up on news4, i'm tracee wilkins. fans are so illustrate xooed
cliff. >> among the items not included, a payroll tax cut. the average family in fairfax county brings home about $120,000 a year, on average those folks will see their taxes jump by about $1700. families making between $75,000 and $100,000 can expect to lose about 1200 a years. conley says that wasn't meant to last anyway. >> the payroll tax was a holiday. no one envisioned it that way. it was a temporary measure to inject some stimulus into the economy. >> but the bigger...
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Jan 5, 2013
01/13
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if the last congress had so many challenges producing a bill to avoid the fiscal cliff do you think this congress will be more productive and if so why? >> you know, i think that remains to be seen. i think that, again, that congressmen need to hear from their constituents and people need to know that, hey, we sent you guys up there to get to work. we mean business. stop all of the partisan bickering. of course, republicans and democrats are always going to have differences on issues. but things of this nature that could cause economic catastrophe, those sorts of things, we should be able to work a lot easier on and that's why i'm up here. i want to work with my republican colleagues. i've reached out to all of my republican colleagues in the north texas area to let them know i want to work with them and i will continue to reach across the aisle, all across the congress working with republicans because i know that it is very important that we do a better job of working together. >> i want to ask you about a comment made by the number two republican senator john cornyn of texas. he faulte
if the last congress had so many challenges producing a bill to avoid the fiscal cliff do you think this congress will be more productive and if so why? >> you know, i think that remains to be seen. i think that, again, that congressmen need to hear from their constituents and people need to know that, hey, we sent you guys up there to get to work. we mean business. stop all of the partisan bickering. of course, republicans and democrats are always going to have differences on issues. but...
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Dec 9, 2013
12/13
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cliff deal that they struck on new year's day of 2013. it raised taxes on higher income earners. it's been by extracting more from the american people and not by the government controlling it's out of control spending. >> raised payroll taxes to where it was for decades before they were cut in an emergency. >> but to american families, that now decreased the amount of money that they bring home. >> when you look at healthcare costs, social security and pension, that's where all the growth is. healthcare is the biggest driving factor. with that we're cutting roads, highways, education, medical research, the things that we ought to be investing in because we're holding sacrosank for folks my age. which i appreciate very. but to end the deficit we need growth. economic growth. that's why we had surpluses at the end of the clinton administration, because we had growth. part of the reason the deficit is likely to come down the future to some degree is because the economy looks better over the longer term than we thought it was going to be. but
cliff deal that they struck on new year's day of 2013. it raised taxes on higher income earners. it's been by extracting more from the american people and not by the government controlling it's out of control spending. >> raised payroll taxes to where it was for decades before they were cut in an emergency. >> but to american families, that now decreased the amount of money that they bring home. >> when you look at healthcare costs, social security and pension, that's where...
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Oct 10, 2013
10/13
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he negotiated with boehner last year with the fiscal cliff. they had four of five offers back and forth which culminated on a deal. he offered changed cp toye cut the amount that social security would raise, something that made me and other democrats very angry. he is throwing present of bones to the republican. no he has thrown crumbs to republicans. how this started. let's go back to when obamacare first got sign into law. and this is the largest piece of legislation, the biggest portion of our economy, that was rammed down our throats, unprecedented, something that communication that expensive, rammed down our throws with the votes from one party doing that, disrespecting the republicans. >> this just came out from the white house. looks like, sounds like, the white house is and the senate democrats are saying, no, they're not interested in sprays separating the issues and taking the deal. sounds like my way or the highway. >> we'll negotiate -- >> itch you have anything to give -- >> not going to point at the point of a gun basically. at t
he negotiated with boehner last year with the fiscal cliff. they had four of five offers back and forth which culminated on a deal. he offered changed cp toye cut the amount that social security would raise, something that made me and other democrats very angry. he is throwing present of bones to the republican. no he has thrown crumbs to republicans. how this started. let's go back to when obamacare first got sign into law. and this is the largest piece of legislation, the biggest portion of...
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Jan 1, 2013
01/13
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draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the internet that isn't true. where did you hear that? [ both ] the internet. oh look. here comes my date. i met him on the internet. he's a french model. uh, bonjour. [ male announcer ] state farm. more mobile than ever. get to a better state. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market
draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i thought state farm didn't have all those apps? where did you hear that? the internet. and you believed it? yeah. they can't put anything on the...
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Jan 3, 2013
01/13
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the republicans want spending cuts to be a part of fiscal cliff and debt ceiling and sequestration he is saying no, put it in one area. it's a smart tactical move. we'll see if he can keep them at bay. >> president obama when he was senator obama voted against raising the debt limit as well. they use the limited leverage they have and barack obama recognized that in the past and thinks that should be taken off the table. that's fair enough. this is connected to the sequester deal as well. he will need goodwill from republicans to get movement on the sequester as well. these things are not going to be easily separated. >> but the key is incumbent on the president to be aggressive and work with them and offer entitlement reform. >> delinking them doesn't make sense. >> they are coming due at the same time. >> they are coming due at the same time and they are the same issue. >> that's right. he's going to have to reach out early and aggressively to get a grand bargain or we'll have a game of chicken. and you know what happened last time. we were downgraded. >>> out front next, 100 luxury
the republicans want spending cuts to be a part of fiscal cliff and debt ceiling and sequestration he is saying no, put it in one area. it's a smart tactical move. we'll see if he can keep them at bay. >> president obama when he was senator obama voted against raising the debt limit as well. they use the limited leverage they have and barack obama recognized that in the past and thinks that should be taken off the table. that's fair enough. this is connected to the sequester deal as well....